Auto Warranty Companies Fight For Your Business
extended car warranty - The industry of auto warranty companies is a fiercely competitive one. You will find a limited number of cars on the streets - granted, there are many them, and every one of them, at some point or still, has or enjoyed a warranty - but with the large number of companies fighting for that business of these drivers, it indicates that each car owner is the target of some very hungry sales reps.
This can be quite a daunting position to remain to get a car owner. Whether you are investing in a new car coming from a dealership, or buying a used car, you will have people trying to sell you their warranty services.
In the dealership, you could run into a pushy sales representative who can try everything they could to help you get to sign on to have an extended warranty once you make your initial purchase. You will find benefits to buying at that time, including having the costs from the warranty rolled up in to the financing for that car, and knowing that your dealership will continue to be the spot to possess any repairs or replacements done. However these comforts might end up costing you hundreds or lots of money over time. Sales agents make huge commissions on warranties, so they're eager to get you to sign up for one. If you sought out your own quotes from third-party extended warranty providers, but the price that is rolled into the financing will likely be a lot higher than it would. Granted, you will need to pay more up-front with those third-party companies, rather than adding a little number for your monthly car payment bills. However it could very well help you save money.
But just as not all the car sales representative has gone out to rip you off, not all third-party providers are good guys, either. There are some risky ventures out there, so a wise shopper will compare not only the prices offered by these vendors, but the terms and conditions of the warranties they offer. Don't waste your time or money - it's likely a scam, or just a really bad set of terms that will tie you to some big costs further down the road, if a company won't let you review the warranty before you buy. Auto warranty companies will fight to achieve you as being a client, so use that to your advantage. Compare prices, take a look at all of the terms of the warranties offered, and tell the businesses you consult with “hey, cause me to the most effective offer.” If they can't, someone else will.